NACL Industries, a leading name in India’s agrochemicals sector, has recently captured the spotlight of investors. Known for its volatility, the stock has delivered exceptional multibagger returns over the past year.
A big reason for this rally is the company’s acquisition by Coromandel International, combined with NACL’s own turnaround strategy. These developments have not only boosted investor confidence but have also set the stage for possible sustained growth in the coming years.
NACL Industrie Share Price and Returns: A Multibagger Journey
NACL Industries has delivered one of the most impressive performances in the Indian stock market over the past year. The company’s share price has surged by a massive 368.97% in the last 12 months, easily outperforming the broader market and many of its industry peers.
The stock’s long-term track record is equally noteworthy, with a five-year return of over 579%—a clear indicator of the company’s growth potential despite periods of heavy volatility. In the current calendar year (CY25) alone, the stock has already gained more than 160%, making it one of the top-performing stocks in the agrochemicals segment.
This kind of price action has not gone unnoticed by retail and institutional investors, many of whom now see NACL as a key growth stock in the chemical and agri-solutions space.
Coromandel International’s Strategic Acquisition
A turning point for NACL Industries came with the acquisition by Coromandel International, a flagship company of the Murugappa Group. Coromandel has completed the purchase of a 53% controlling stake in NACL, marking a significant milestone in the company’s history.
The acquisition is viewed as highly positive for NACL, as Coromandel brings a strong market presence, leadership expertise, and operational efficiency. This partnership is expected to streamline business processes, enhance market reach, and accelerate NACL’s growth plans.
In addition to the controlling stake, Coromandel is pursuing an open offer to acquire an additional 26% from public shareholders, which could further strengthen its position and influence over NACL’s operations. Market experts believe that this strategic alignment could help NACL unlock greater value in the domestic and export markets.
Financial Performance and Turnaround Plans
While the stock’s rally has been remarkable, NACL’s financial results over the past year present a mixed picture. The company faced challenges in FY25, including a decline in revenue and a net loss due to rising raw material costs and weaker global demand.
However, signs of recovery are now visible. In its Q1 FY26 results, NACL reported a sharp jump in net profit, a dramatic turnaround from the losses posted in the same quarter last year. Revenue growth of 122.48% quarter-on-quarter marked the highest gain in the past three years, signaling strong business momentum.
NACL’s management has laid out a clear roadmap for the future:
- Export Expansion – Targeting key global markets and strengthening relationships with international clients.
- Product Development – Investing in R&D to launch new generic and differentiated agrochemical formulations.
- Capacity Enhancement – Scaling up manufacturing operations at its Srikakulam plant to meet rising demand.
These initiatives are aimed at boosting profitability and securing a stronger market position both domestically and internationally.
Market Outlook and Analyst Opinions
While official long-term target prices from top brokerages are not widely available, investor sentiment around NACL remains bullish. The current share price is trading with a negative P/E ratio due to past losses, but the strong Q1 FY26 performance has raised hopes for a return to consistent profitability.
Technical indicators also suggest an upward trend, and some market recommendations have placed short-term price targets in the range of ₹355–₹365. Investors are watching closely to see if NACL can sustain its growth momentum under the new leadership of Coromandel International.
If the turnaround plan continues to deliver and market conditions remain favorable, NACL could extend its multibagger journey—though investors should remain aware of the inherent volatility that has been part of its history.
F.A.Q.
– What is NACL Industries?
NACL Industries is an Indian agrochemicals company that manufactures and markets crop protection products, including pesticides, fungicides, and herbicides, for domestic and international markets.
– Why has NACL Industries’ share price risen so sharply?
The stock has surged due to strong multibagger returns over the past year, the acquisition of a controlling stake by Coromandel International, and signs of a financial turnaround in recent quarters.
– What was the return on NACL Industries’ stock in the last year?
NACL Industries delivered an impressive 368.97% return over the past year and over 579% in the last five years.
– What are NACL’s future growth plans?
The company aims to expand exports, develop new agrochemical formulations through R&D, and increase production capacity at its Srikakulam plant.
– What are analysts saying about NACL Industries?
While not all analysts have provided official long-term targets, some market recommendations suggest a short-term price target range of ₹355–₹365, supported by positive technical trends and strong Q1 FY26 results.
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